CFD trading conditions

Commodity

Symbol

Spread

Margin Requirement

Trading Hours (Riga)

Contract Months

Basis of Settlement

Min / Max Size

Currency

Equivalent Underlying Quantity

Brent Crude Oil Futures

Brent-XXX

0.04$

3%

07:00-23:15

Monthly

Official ICE settlement price on Renesource Capital last dealing day.

0.01 CFD/5 CFD

USD

1 CFD = 1000 bbl

Low Suplhur GasOil

Gasoil-XXX

1$

3%

07:00-23:15

Monthly

Official ICE settlement price on Renesource Capital last dealing day.

0.01 CFD/5 CFD

USD

1 CFD = 100 mt

 

Margin Call is a situation where the ratio of financial instruments account balance or equity (established by the company), including unrealized gains/losses on open positions, to the collateral, becomes equal to or less than the established by the Company or Counterparty level, 50% of the collateral, required by the Company.

In an event of Margin Call, the Company has a right, but not an obligation to contact the Customer and require them to either replenish the collateral by depositing additional funds, or close out part or all of their open positions, within 48 hours after receiving the request or a notice on the trading platform. The Company reserves the right to establish or modify Margin Call level on its own discretion, placing the information about the changes on the Company website.

Stop Loss/Stop Out happens when the ratio of the determined by the Company financial instruments account balance (“equity”), including unrealized gains/losses on open positions, to the collateral, becomes equal to or less than the established by the Company or Counterparty level, 30% of the collateral, required by the Company. In such a case, the Company has a right to decrease size of the Customer’s open position, fully or partially closing out those positions that create largest unrealized losses for the Customer.

The Company reserves the right to establish or modify Stop Loss\Stop Out level on its own discretion, placing the information about the changes on the Company website.

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.

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